Formal & Mobile Money Borrowing Statistics in Comoros (2026)
According to World Bank Global Findex data, 10.7% of adults in the Comoros borrowed from a formal financial institution or using a mobile money account in 2024. Up from 9.1% in 2022 to 10.7% in 2024 (+1.6 percentage points). Comoros ranks #21 of 36 economies in Sub-Saharan Africa on this measure, and #109 of 142 globally.
Key Statistics
- Latest value (2024)
- 10.7% (2024)
- Formal & Mobile Money Borrowing in the Comoros as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2022
- +1.6 pp (2024)
- Up from 9.1% in 2022 to 10.7% in 2024 (+1.6 percentage points).
- Record high (2024)
- 10.7% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for the Comoros.
- Rank in Sub-Saharan Africa
- #21 of 36 (2024)
- The Comoros ranks 21 of 36 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #109 of 142 (2024)
- The Comoros ranks 109 of 142 countries with data globally.
- Sub-Saharan Africa average
- 13.3% (2024)
- The Comoros (10.7%) is below the average of 13.3% across the 36 countries in Sub-Saharan Africa with data.
- Borrowed from a formal bank or similar financial institution (% age 15+) (2024)
- 9.7% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in the Comoros (2024)
- 32.5% (2024)
- 32.5% of the population in the Comoros used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 866,628 (2024)
- The Comoros had a population of 866,628 in 2024 (World Bank); shown for scale only.
Trend, 2022–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 10.7% | +1.6 pp |
| 2022 | 9.1% | — |
Frequently asked questions
What share of adults in the Comoros borrowed from a formal financial institution or using a mobile money account?
10.7% of adults in the Comoros borrowed from a formal financial institution or using a mobile money account in 2024, according to World Bank Global Findex data.
How recent is the formal & mobile money borrowing data for the Comoros?
The most recent observation is from 2024. World Bank Global Findex data is reported with a lag, so 2024 is the latest available year for the Comoros.
Where does the formal & mobile money borrowing data for the Comoros come from?
The data comes from the World Bank Global Findex (indicator fin22a.22a1.22g.d). The latest observation for the Comoros is from 2024; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank Global Findex, indicator
fin22a.22a1.22g.d, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .